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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (14559)	10/10/1998 10:23:00 PM
From: James Unterburger	Read Replies (1) \| Respond to of 18691

OT: FSTW I was just being wistful. But if you think about it, we all are holding any (long) position in a stock until a suitable price comes along. How that price comes along is ultimately irrelevant to the gain we realize by selling. Thus, having FSTW's price go up due to unscrupulous MMs, or because of actual, non-manipulated market forces (the "preferred" way, on moral grounds), is the equivalent in financial terms. Because finance and morality are not related in any way, it makes no difference. We usually sell a stock when we think it's not going any higher; do so knowingly could be considered immoral since there's someone we're selling to whom we know (or sincerely believe) will not make any money on what he's buying.